Saranac Lake Pee Wee Hockey Assoc Inc

Analysis

Saranac Lake Pee Wee Hockey Assoc Inc is a registered charity in United States, based in Saranac Lake, NY. It received its IRS tax-exemption ruling in February 1974, 52 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Saranac Lake Pee Wee Hockey Assoc Inc reported income of $61k and spending of $30k, leaving 52% of income unspent that year. Across the 4 years on record, from April 2020 to April 2023, income fell from $78k to $61k (-22%), an average of -7.8% a year. The sharpest change came in the year to April 2021, when income dropped by 32%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Saranac Lake Pee Wee Hockey Assoc Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Zephyr Hockey Booster Club ($61k), Mercury Swimming Inc ($61k) and Colorado Karate Association ($61k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 14% and program service revenue 60% of the total. At year end it held assets of $624k against liabilities of $0, net assets of $624k.